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February 25, 2005
Estate Planning Tips
Safeguard your life savings from future creditors
By Frederic A. Mendelsohn
Asset protection can be invaluable. There are a number of planning opportunities to protect one’s life savings or accumulating wealth from the claims of potential creditors, including creditors of one’s spouse. These techniques range from transferring assets to a spouse who has less exposure to creditors’ claims to sophisticated offshore trust planning. Here are some options to consider.
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